In 2023, private non-profit expenditure on R&D in the US stood at 0.12% of GDP. Forecasts indicate a moderate increase, reaching 0.13% by 2024 and maintaining this level until 2026. A slight uptick is expected in 2027 and 2028, rising to 0.14%. The compound annual growth rate (CAGR) for the 2024-2028 period is positive but modest.
Future trends to watch for:
- Potential shifts in economic conditions influencing R&D funding.
- Public policy changes impacting non-profit investment in research.
- Collaboration between non-profits and other sectors enhancing R&D outcomes.
